NZD/USD Price Analysis: The Bird is in full flight – by fx_ross NZDUSD Technical Analysis
Bulls aim for the daily highs with the 0.65400 area in sight.
NZD/USD rallied to a high of 0.6259 on Thursday, heading towards the strongest levels in nearly three months with eyes on 0.6485 after the Reserve Bank of New Zealand delivered a supersized 75 basis point rate hike to get ahead of inflation. introduced the OCR in 1999 and brought the policy rate to a 14-year high of 4.25%. This leaves the upside firmly in play while the price remains on the front side of the daily trendline.
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